Chinese GPU Firms Pursue Public Listings

Chinese GPU and AI-chip firms are mounting a wave of public listings as Enflame's STAR Market application was accepted on Jan. 22, following Iluvatar CoreX's Hong Kong listing on Jan. 8 and prior STAR Market debuts by Moore Threads and MetaX. Driven by U.S. export controls and surging domestic AI demand, the IPO rush aims to boost self-reliance, ecosystem control, and market scale.